Good corporate governance a must to reduce financial sector anomalies
Experts at a programme suggested for good corporate governance and strong legal infrastructure to deal with financial sector anomalies in the country.They also pointed out that in the context of increasing digitalization, compliance to accounting standards is essential for fair and transparent financial reporting.The suggestions came at a virtual conference...
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Covid-19 hits earnings of BSRM, BSRM Steels
Earnings of both Bangladesh Steel Re-Rolling Mills (BSRM) and BSRM Steels declined significantly for the year ended on June 30, 2020 compared to previous year.in separate disclosures, the companies have said their earnings declined following less productions and sales amid COVID-19 pandemics and tax burden faced by subsidiaries.Of the companies,...
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Turnover rises moderately on DSE
Dhaka bourse on Sunday closed flat amid choppy trading as investors were busy at both sides of the trading fence.On the day, turnover rose moderately on Dhaka Stock Exchange (DSE) following investors' increased participations mainly observed in insurance sector.The insurers also dominated the day's gainers chart as out of top...
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SIBL holds Q3 business confce
Social Islami Bank Limited (SIBL) arranged a two-day long Business Conference of the 3rd Quarter of 2020 to evaluate the business position of the Bank through virtual platform recently. Mr. Quazi Osman Ali, Managing Director and CEO of the Bank, was present in the programme as the Chief Guest and...
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ICSB Council elects new president
Institute of Chartered Secretaries of Bangladesh (ICSB) elected Mr. Mohammad Bul Hassan FCS as its new President in the 64th Council Meeting held on Saturday. Prior to this he was the Senior Vice President of ICSB for the term 2019-2020 and 2016-2018 and was the Treasurer for the term 2013-2016....
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IBBL wins two VISA awards
Islami Bank Bangladesh Limited has won the 'Excellence in Product Innovation' and 'Excellence in Prepaid Card Business' awards conferred by VISA, a global payment service provider. These two awards are given in recognition of instant virtual VISA card generation and maximum transactions through this card through Cellfin App of IBBL....
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'City Ekhoni Account' launched
City Bank has introduced a mobile app for customers to open account instantly. This app will replace traditional method of account opening which requires customers to visit a branch and fill up required forms. Using the 'City Ekhoni App', interested customerswho have NID card can open their own bank account....
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Robi's IPO subscription begins November 17
Public subscription of Robi Axiata, which floated the largest ever IPO (initial public offering), will start on November 17 and will end on November 23.IDLC Investment is the issue manager of Robi IPO.The Bangladesh Securities and Exchange Commission (BSEC) approved the company's IPO proposal on September 23.As per the regulatory...
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DSE/CSE News in Brief (19-10-2020)
Disbursement of dividend Asia Insurance Limited: The cash dividend of the company was distributed to the shareholders through BEFTN on Sunday. Non receipt of cash dividend shareholders are requested to contract the share department of the company at Rupayan Trade Centre (14th Floor), 114-115, Kazi Nazrul Islam Avenue, Bangla Motor,...
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CSE30 Index revised
The CSE30 Index has been revised on the basis of performance of the CSE listed companies. The new index will be effective from 01 November, 2020. CSE 30 Index is reviewed twice in a year. The new companies which have been included are aamra networks limited, Bd Finance & investment...
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Berger PPG Auto Refinish Training Center
Rupali Chowdhury, Managing Director, Berger Paints, inaugurated the Berger PPG Auto Refinish Training Center on Saturday at Tejgaon Sales Office of Berger Paints in Dhaka.
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Quarterly Business Conference of Dhaka South and Dhaka North zone of First Security Islami Bank
The Quarterly Business Conference of Dhaka South and Dhaka North zone of First Security Islami Bank Limited was held recently by using digital platform. The conference was presided over by Mr. Syed Waseque Md. Ali, Managing Director of the bank.
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